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MELI

Financial analysts have observed a bullish trend in MercadoLibre's (NASDAQ:MELI) options, with a significant focus on a price range between $1300 and $1700. The analysis of 13 unusual trades showed a balanced sentiment among traders, with both bullish and bearish tendencies. The largest trades were predominantly calls, indicating a positive outlook. MercadoLibre, a leading e-commerce platform in Latin America, has seen its stock price increase by 1.91% to $1432.92. Analysts from UBS, Barclays, and Wedbush have set a consistent price target of $1800 for MELI, maintaining positive ratings.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 3:31 pm

BA

Financial analysts observed unusual options activity for Boeing (NYSE:BA), noting a mix of bullish and bearish sentiments among traders. The analysis highlighted 21 trades, with a focus on a price band between $145.0 and $300.0 for Boeing's stock. Significant trades included both calls and puts with varying sentiments and expiration dates. Boeing's current market position shows a 3.27% increase in stock price to $172.68, with an upcoming earnings report in 86 days. Industry analysts have set an average target price of $211.0 for Boeing, with ratings ranging from Buy to Equal-Weight.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 3:31 pm

TMUS

Over the past 10 years, T-Mobile US (NASDAQ:TMUS) has produced an average annual return of 18.1%, outperforming the market by 7.54% on an annualized basis. A $100 investment in TMUS a decade ago would now be worth $516.51, showcasing the impact of compounded returns on investment growth. T-Mobile US currently has a market capitalization of $192.84 billion.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 3:30 pm

ICLR

Icon (NASDAQ:ICLR) has delivered an average annual return of 16.62% over the past 5 years, outperforming the market by 4.98%. A $1000 investment in ICLR 5 years ago would be worth $2,172.41 today. Icon's market capitalization stands at $25.57 billion.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 3:30 pm

BNO

USO

Oil prices are trading lower due to ongoing efforts to broker a ceasefire between Israel and Hamas, impacting related ETFs.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 3:28 pm

PAHC

ZTS

Phibro Animal Health's stock is trading higher following the announcement of its acquisition of Zoetis' medicated feed additive product portfolio. This strategic move is expected to enhance Phibro's product offerings and market position.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 3:27 pm

AMX

America Movil SAB de CV (NYSE:AMX) shares have been trending upwards following positive first-quarter earnings. Goldman Sachs analyst Vitor Tomita upgraded AMX to Buy, maintaining a $22 price target, citing improvements in Mexico and Brazil, which are key markets for the company. Tomita highlighted an inflection point in competitive standing and regulatory environment, along with a capex peak in 2023 that suggests significant cash generation potential in 2024 and beyond. Despite underperforming the Mexico IPC index since 2023, AMX now presents attractive multiples and a favorable balance of potential catalysts.

Portfolio Pulse from Priya Nigam

April 29, 2024 | 3:25 pm

DCPH

JonesTrading analyst Soumit Roy downgrades Deciphera Pharmaceuticals (NASDAQ:DCPH) from Buy to Hold and sets a price target of $25.6.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 3:21 pm

ANVS

Annovis Bio's shares were halted due to a circuit breaker triggered by a sharp decline, with the stock currently down by 59.4%.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 3:18 pm

GOOG

GOOGL

Alphabet shares are trading lower after experiencing a surge last week due to strong earnings.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 3:16 pm